Reported about 1 month ago
Lowe's Companies, a leading home improvement retailer, could see significant growth if Kamala Harris wins the upcoming presidential election. Harris's proposed housing plan includes financial support for first-time homebuyers and incentives for homebuilding, which would benefit Lowe's as it provides products for construction and home improvement projects. Even regardless of the election outcome, Lowe's has solid long-term prospects due to the aging housing market and expected interest rate cuts that could stimulate home-buying and renovation activities.
Source: YAHOO